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of the house john boehner saying obamacare needs to be on the table in the fiscal cliff talks because, quote, we can't afford it. joining the company from washington is tea party founder justin phillips. come on. house republicans are over a barrel. they lost. what leverage do they have in these negotiations? >> you don't have much leverage when your full scrimmage john boehner's freshly laundered white flag of surrender. john boehner has ceded the field to the democrats. he is not even discussing the issue of spending. it is will lead the issue of revenue. there is going to be more new taxes, absolutely right because when we go to the negotiations, john boehner as usual is starting from a position of weakness. if you're going to start from a position of weakness where you have already given up on the spending side of the equation there's only one alternative, taxes get raised. dave: you mentioned spending. i remember 2009 was the stimulus, $800 billion, you can argue forever about whether it worked out all or not but it wasn't a 1-shot deal. we went up $800 billion and then it stayed. it di
are meeting with the white house chief staff. john boehner is having some meetings with business leaders. meanwhile, the staff of the senate and the house and the white house are all meeting -- this purpose of avoiding the fiscal cliff which is now 35 days off or something. so first of all, two questions. how serious is it and what do you think is going to happen? >> it is potentially very serious that is if we hit the fiscal cliff and go over it and it stays in place. the deficit falls by $600 billion, the largest one-year reduction in history but will throw the economy back into a recession. unemployment will go from 7.9% currently to over 9%. i don't think that's going to happen. i do think we'll go over the cliff, not have a deal before it happens. i think it will be fixed shortly after this -- after they storm the castle with pitch forks and torches but this is potentially the worst fiscal policy since the end of the great depression when we went into an austerity program too early and threw the economy back i
. and you look everybody is saying it, john boehner, mitch mcconnell peter king lindsay graham, on and on and on. all of these republicans coming out and saying we agree, you can't do it by spending cuts alone. you have got to raise revenues and we're on board, and we're willing to break the grover norquist pledge. these guys have totally recognized the american people agree with obama, and so therefore they are going to change their ways. here is my advise to all of you, all right. don't believe it. this is a con game. this is a shell game that the republicans are playing. let's listen to some of the voices. here for example is saxby channedless. it's valid now but times have changed significantly. and i care more about this country than i do about a 20-year old pledge. >> bill: oh, yeah. he is setting himself up there as oh, man, i love my country, more than i love grover norquist. peter king yesterday. >> i agree entirely, a pledge you signed 18 years ago is for that congress. if i were in congress in 1841 i would have signed the declaration of war agai
or to clear another challenge before the supreme court. it is law and even john boehner knows it. >> you had said next year that you would repeal the health care vote. that still your mission? >> i think the election changes that. it is pretty clear that the president was re-elected and obama care is the law of the land. >> that was boehner less than two weeks ago. it was pretty clear that mission repeal obama care had failed. the voters had spoken and obama care as speaker boehner said is the law of the land. republicans weren't super happy about that message. they thought boehner was getting a little squishy, giving up a fight. that election we just had. the one where voters re-elected the obama care guy, the one that had obama in his name, that was but a flesh wound. today boehner wrote an op-ed to the cincinnati inquirer which begins with, quote, president obama has won re-election but as was the case before the election, obama care has to go. if you read on in his op-ed, things get a little strange. boehner went on to share the big plan which is, quote, over the past couple of years i h
the table from the democrats' perspective? >> absolutely. the thing is is that john boehner and the republicans, the last time we went around these negotiations, remember it was june of 2011, on the debt ceiling negotiations, the president and the speaker played golf, and there were all those grand bargain talks behind closed doors. republicans tried to put it on the table back then, and democrats said, absolutely no way. and i think they're going to get a similar response this time. remember, it was just a few weeks ago when john boehner after the election essentially said, there's nothing we can do about obama care. it's going into effect next year. people are going to have to start enrolling, those exchanges are going to have to get up and running. he saw a revolt among his house republicans and republicans across the united states, just for saying it. now john boehner is doing a little backtracking. he wrote in the cincinnati enquirer, his hometown newspaper, the president's health care law adds a massive, expensive, unworkable government program at a time when our natio
negotiations are off to a bumpy start. house speaker john boehner wrote an op-ed yesterday calling for the president's health care law to be part of the fiscal talks. the white house told the "huffington post" the president opposes that. joining me now from washington, nbc white house correspondent kristen welker and neil irwin. welcome to both of you. happy holiday. >> happy holidays, alex. >> kristen, politico said the negotiations are off to a rough start. what do you see as the likelihood of a deal before the end of the year? >> alex, i think they are off to a relatively rough start. president obama expected to invite congressional leaders back to the white house next week after the holiday, but it seems at this point aides are trying to hammer out the beginnings of the deal. republicans seem to be digging in their heels on the issue of taxes, saying they don't want to see the bush era tax cuts expire for the wealthiest americans. of course, that is something the democrats have been adamant about. so they're stuck on this old issue of taxes. and also stuck on the issue of entit
rights leader gave up his seat in congress after 17 years. in a resignation letter to house speaker john boehner writing in part, "my health issues and treatment regimen have become incompatible with service in the house of representatives." jackson has been hospitalized on and off since june for treatment of bipolar disorder, seen here while a patient at the mayo clinic. cook county officials are weighing options for a special election to replace jackson. >> i think he feels that district needs somebody in a healthier position than he is to represent them. >> reporter: his letter makes some striking admissions about his own, "mistakes." jackson has been in talks with the justice department, as federal prosecutors examine whether he misused campaign money to buy personal items, including an expensive watch. jackson writes, "i am doing my best to address the situation responsibly, cooperate with the investigators and accept responsibility for my mistakes, for they are my mistakes and mine alone." jackson adds, "i pray that i will be remembered for what i did right." >> that was nbc's kell
or, b, limit deductions. but you know what the speaker of the house said the other day, john boehner, he said he's willing to do the latter. now you just saw what chambliss said. so is the era of grover and his you ubiquitous pledge over? >> no. i think grover deserves a great deal of credit for keeping that pledge to the american people and holding republicans' feet to the fire. gregg: is it over now? >> no. we have a different set of circumstances. perhaps what the democrats should have had is their own grover norquist on spending, and we wouldn't be in the mess we find ourselves in. but here's the reality, gregg.me for the status quo. nothing's changed since two months ago. we have basically the same makeup in government. obama controls the white house, we control the house, democrats controls the senate. but guess what? the american people don't expect a status quo in governance. gregg: there's a recent rasmussen poll and, juan, i want you to take a look as well, 57% agree that raising taxes on those making more than $250,000 a year is a good idea. can you put that up on the scre
relief with just two pills. >>> 12 minutes past the hour. house speaker john boehner says nothing is off the table to avoid that fiscal cliff, including obamacare. automatic cuts will start january 2nd if an agreement isn't reached. he said in an op-ed, we can't afford it. and we can't afford it to leave it intact. that's why i've been clear that the law has to stay on the table as both parties discuss ways to solve our nation's massive debt challenge. >>> a special election following jesse jackson jr.'s resignation from congress. jackson says he needs to spend time, quote, restoring my health. jackson mysteriously disappeared from capitol hill in may and his office later revealed he was dealing with depression and had been diagnosed with bipolar disorder. health concerns aren't the only thing jackson is facing, though. ted rowlands is in chicago. good morning, ted. >> reporter: good morning, carol. yeah. well, the health concerns are significant. he had two stints at the mayo clinic. talking to family members, that was the main reason why he just couldn't move forward. and he gave his l
john boehner needs to go. i think it needs to be a kevin mccarthy as well as in the senate. you know, we need new leadership. marco rubio would be a great senate minority leader, and it's bold, but we need the change in washington d.c. heather: but in the meantime, we have what we have right now, we are just a matter of weeks away, so what do you think they need to do, and do you think that president obama will take the lead with dwoarks this time around? -- with negotiations this time around? >> absolutely. and he has started to take the lead. he's met with congressional leaders, the ones that we have, and i don't think that those are going to change, and we're going to see another meeting the in just a few days. but what i think really needs to happen is that republicans are finally going to have to stop letting grover norquist and his pledge hold our economy hostage. and the great thing that we have seen in the last few days is that some republicans are finally saying, guess what? i'm actually going to put the country first instead of some pledge i took 20 years ago, for example,
to figure out what our legacy is going to be. with john boehner showing up with the john boehner interview, obama carys t obama carries the law of the land. if the coalition, the pressure of the people that voted, the election, the results mean anything to the right, they know that they are in trouble, because they are losing voters. they are losing their messaging. they need this four years, especially the first two, if they want to keep the house. if they want to look like obstructionists for a solid eight years, that is no way to take back the white house in 2016. >> i do think they are going to be obstructionists. what i would like to see from progressives is the same kind of organizing that conservatives did that put all these crazy people in the house. this is a problem. we got our guy in. >> then, we are going to yell at him. >> so we can't yell. we can't say, black-faced republican. we can not say these kind of things. that doesn't make anybody change. what does make change is for people to be consistent. i will use one example from the african-american community. souls to the poll
reid, mitch mcconnell, john boehner, nancy pelosi will be serious. going over the cliff doesn't make any sense. >> we all remember the t.a.r.p. vote that you reference. that really didn't come to a resolution until the markets -- i would argue -- scared washington. i wonder how important you think that is this time? do stocks need to fall before the two sides really get committed at the table? >> that is a terrific question. that's the main question. in two days we lost 1,600 points in the markets. it took us a lot longer time to come back and recover. i sat there and stared defeat in the face. we can't do it now. the markets will respond to certainty. that's what congress needs to give american business and american people. certainty about taxes. certainty about spending in congress and certainty about our commitment to lower the debt. >> how do you argue that you are considering all elements of reform if in fact you're going to stick by the norquist pledge. is there anything wrong with as senator graham has said with saying i made that pledge back then but my job is to be a senator
want to see congress work together on this. president obama says he wants to. john boehner says he wants to. there you have the titans of industry in new york with their rich, mahogany furniture all saying we need to solve this crisis. yet here we are a few weeks away and we're still both sides sticking to their negotiations. there hasn't been a lot on what specifically would you do. this is going to be tight. >> it's going to be tight and everybody should brace themselves before the fiscal cliff comes the fiscal roller coaster and it's going to look dark before either it's totally black as senator mccain likes to say or before it gets done. my bet actually is on getting things done, but i have to say what's depressing about listening to chairman bernanke is how many times we've heard those words before about the last fiscal crisis, whether it's debt ceiling or something else, it really is time for congress to show it can get something done. >> this seems to poll very well, this bipartisanship. you know it. how come there's such difficulty both sides really not willing to nudge off
-- but hurry, the offer ends on. stuart: john boehner said he is optimistic that the fiscal cliff negotiations will speak successful. use the word optimistic. market coming back a little on that. as we told you earlier forbes saying that 11 states are in a death spiral. their words. don't buy house in the 11 states, don't invest in their municipal-bond. joiiing us from one of those states is scott kennedy in chicago, ill.. what do you make of that? >> i totally agree. i am not going to buy another house in this state ever again and as markets said, at some point we will run out of spending other people's money. we can support the maxes with the tax rate here and obamacare on top of that. we are in a death spiral and more people will be leaving the state. stuart: i think you are a lifelong illinois guy and you are saying you would never again buy house in this state? really? >> do you know what the real-estate taxes are here? astronomical land set to go higher so we are going to be taxing those who bought houses already. people are not going to buy any more but they can't rent either because no
speaker john boehner. he wrote, "over the past several months as my health has deteriorated, my ability to serve the constituents of my district has continued to diminish." the drama around jackson began this summer when the congressman disappeared for weeks. the public, even members of his staff, didn't know where he was. finally, in late july, the mayo clinic revealed jackson was being treated there for what was later diagnosed as bipolar disorder and depression. his famous father uncharacteristically quiet about the matter. >> the fact is, the congressman is under medical supervision and is right now regaining strength. >> reporter: jackson was released in september, then readmitted last month. his return to the clinic came amid reports that the congressman faced a federal investigation into the potential misuse of campaign funds, including allegations that jackson used thousands of dollars to redecorate his washington, d.c. townhome and that he used $40,000 to buy a rolex watch for a female friend. even so, jackson was easily re-elected to the house just a few weeks ago. even though
. >> reporter: in his letter of resignation to speaker of the house john boehner, jackson wrote, "my health issues and treatment regimen have become incompatible with service in the house of representatives." the son of civil rights leader jesse jackson, jackson, jr., mysteriously disappeared from public view last june. it was later revealed he was undergoing treatment for bipolar disorder. jackson was reelected earlier this month, though he did not actively campaign, recording only a single message for his constituents. but his health may not be the only factor in jackson's decision to resign. for more than a year, the washington field office of the f.b.i. has been investigating the possible misuse of campaign funds, according to federal sources, who say discussions about a possible plea deal began in just the past few weeks. today, for the first time, jackson acknowledged that investigation. a plea deal does not appear to be imminent, jeff. late today, jackson's lawyers put out a written statement in which they said, "we hope to negotiate a fair resolution of the matter, but the process c
. house speaker john boehner sending an ultimatum to the president saying his healthcare plan has to be on the table as congress works to avoid a fiscal cliff. >> a new report of the death of usama bin laden reveals shadowy details of the at-sea burial of the world's most wanted terrorist. a cloud hanging over excited shoppers on black friday as workers at the nation's largest retailer get ready for a possible walkout on the busiest shopping day of the year. heather: we can see groups of walmart employees demanding higher pay and better benefits and urging employees to walk out if the demand are not met. with the national labor relations board holding off on a ruling until after thanksgiving, it looks like thousands of shoppers could see serious disruptions. james rosen live for us in our d.c. bureau. >> reporter: heather and rick, happy thanksgiving to you it's an unusual situation when walmart seeks protection from the national labor relations board. that agency was only handed this case last friday. federal investigators have been deposing witnesses and reviewing documents in a
speaker john boehner and has said he's willing to put almost anything on the table except social security. he wants to deal with that separately next year, but republicans want all entitlements included in talks. they want the president to make the first move with an initial proposal. and the white house says it has not received a realistic proposal from republicans that would raise the kind of revenue president obama is seeking. >> susan mcginnis in washington this morning. thank you so much. >>> amid sky high approval ratings in the wake of superstorm sandy, new jersey governor chris christie said he will be seeking re-election next year. he said the preliminary damage from sandy is nearly $30 million. christie says he's in it for the long haul to help jersey recover. >>> coming up on the morning news, click and shop. cyber monday rings up record sales on what's expected to be the busiest online shopping day of the year. this is the morning news. [ female announcer ] born from the naturally sweet monk fruit, something this delicious could only come from nature. now from the maker of spl
will look like when these conversations between the president and speaker john boehner are done? what will look like when they are done? >> i think we will have slightly higher marginal tax rates on some -- at least one high income tax bracket and i think there will be a variety of tax and exclusions and deductions that are scaled back modestly and that's about it. >> it scaled-back means capt. someone, i agree completely. ." >> i think we will see some of those things rolled back. i think the top rate will be in between 39 and 45%. >> we have some common ground among our economists where we will end up. thank you for joining us and thank you all. i appreciate the pedersen foundation to participate. >> as i have contemplated how the burlington -- the meeting to close, i remember a nobel prize winner at the university of chicago where it was presumably educated used to say if you have no alternative, you have no problem. i thought about the alternative of delivering what i'm sure you would love to hear -- a 30- minute lecture or simply saying thank you very much. deeply appreciate the
submitted today to house speaker john boehner's office. but he also wrote, quoting here: i am aware of the ongoing federal investigation into my activities and i am doing my best to address the situation sonsably, cooperate with the investigators and accept responsibility for my mistakes for they are my mistakes and mine alone. mike tobin is live for us in chicago with more. mike, did this come as a shock to anyone? >> no. for the reasons you just mentioned, no one was surprised that the congressman stepped down. in fact it was a question of when it would happen. however, fellow politicians and friends here in chicago were quick to jump to the congressman's defense and say his resignation is not an admission of guilt. >> he hasn't been indicted. he hasn't been charged. he hasn't been convicted of any law -- breach of the law, none at all. all right. some would argue that if he really wanted to cut a deal, you stay in congress and negotiate from a position of power. some would argue that. >> the most prominent allegations reported against jackson are that he skimmed campaign cash to
john boehner the former congressman jesse jackson junior prioritizes his health as the reason he is stepping down. he does acknowledge the investigation that dogged him. writing i have made my share of mistakes and aware of the ongoing federal investigation in my activities and doing my best to address the situation responsibly. cooperate with investigators and accept responsibility for my mistakes. they are my mistakes and mine alone. they talk about skimming campaign found remodel his house and buy expensive jewelry for a mist res. he was investigated by the investigating committee after being caught up in the blagojevich scandal. he met with businessmen who raise money for blagojevich if jackson were appointed to the senate seat vacated by president obama in 2008. >> they feel like they can do this [bleep] to do anything under the vague assurances, or something, then i'll [bleep] jesse junior. >> this is a long fall for a congressman initially thought to be a rising star on capitol hill. with terrific name recognition and invitation to address the national convention four year
jackson jr. has resigned. in a letter to house speaker john boehner, jackson cited his ongoing treatment for bipolar disorder, and admitted to, quote, my share of mistakes. there's a house committee investigation into his dealings with rod blagojevich and a probe into possible misuse of campaign money. >>> the violence in syria continues today. at least 40 people were killed in the town of aleppo. this is not the first time this hospital has been shut. earlier this year an artillery shell hit a maternity ward. >>> secretary clinton and president obama and mahmoud morsi brokeringed a cease-fire. no sirens, have you heard any? >> reporter: no, that's right, alex, all quiet, no sirens here. there were a couple earlier in the day in the south. they turned out to be false alarms. the cease-fire went into effect 9:00 last night local time, which is about 18 hours ago. so it's a hopeful sign. of course, it's early days yet. when the cease-fire was announced yesterday, the palestinians in gaza were ecstatic. there was celebration, thousands of people in the streets firing guns into the air for c
's been suffering from bipolar disorder and dedepression. he did submit his resignation letter to john boehner. he talked about his health and his accomplishments and also talked about the investigation that's ongoing looking into the possible misuse of campaign funds. they are my mistakes and mine alo alone. that part is interesting because sandy jackson, his wife, is an alder person here in chicago. according to the wall street journal she is involved in this i think ve investigation. she's been talked about as a possible replacement. we haven't heard from jesse jackson jr. or senior on this. >> i just find it's so painful at this point for me not only to know that he won't be in the congress but to know that he's still struggling with a serious, very serious mental health issue. >> ted, is this an indicator this is the end of jackson's political career? >> reporter: well, i would think so when you look at the totality of all that's happened to him in the last six, eight months. when you have the mental health sur issues, let's say he gets that under control, he still has this invest
to be up for negotiation. house speaker john boehner wrote an op-ed. the president's health care law, massive expensive unworkable at a time when the national debt sees the size of our economy, and we can't afford it and we can't afford to leave it intact and clear that the law has stay on the table as both parties discuss ways to solve our nagsal debt challenge. where is it going. >> nowhere, he's right about everything he writes about, but it's a disaster, no way it's going to be stopped. it was an issue that the country decided this election, obama staked a claim and he won. the supreme court was the only other way it was going to be stopped. it wasn't stopped, it's not going to be stopped now. and the idea that to oversight committees in the house could stop this is absurd. look, i think it's right. it's going to be disastrous and should be cut back or dismantled, but elections have consequences and this is one. so, i think it's not on the table and republicans can pretend it is, but it's not. there's a lot of other stuff on the table and that's rates and i think if you want to p
to meet our needs what is interesting is we have representative john boehner talking about putting obamacare in the fiscal cliff discussion and they did not come downie their way on that but they are stepping out talking about the urgent need to fix the fiscal cliff. >> these companies have two strikes against the. the fiscal cliff and obamacare and reliant on prescriptions for elderly. liz: it is not generic but cheap drugs, being fixed. again and again i am watching the slow parade of ceos and companies, you see the usual suspects. is striking to see walgreen's and cvs because these guys don't discuss public policy and i don't think it is to butter up the guys in washington. i don't think any a seat at the table. dave: when you said she drug all of our crew looked up. what is going on? i don't know. i just throw that in. see you later. coming up next a look at the important news on the radar for next week that will be moving markets. tracy: black friday shoppers need to be extra careful in the parking lots and it is not because i am there. [ male announcer ] how do you tde? with
letter of resignation to speaker john boehner. they confirmed that today and he write it is move will set off a scrammle to fill the seat in the chicago area. pat quinn will have five days from the effective date of the resignation to announce the time of the special election. jesse jackson jr. resigning his seat in congress. we'll keep you posted on that. and we said we would take you live to the united nations at 3:00 this afternoon. that has been pushed back likely in response to the news of the ceasefire in israel today. that has been pushed to 3:30 eastern. we will take you there once it gets under way. >> james on our 65 and over line. good afternoon, sir. caller: i'm 85-year-old and i was living good up until the last four years off of my retirement. but in the last four years the cost of living has gone up so much that i can't make it. i have to get out and get odd jobs to buy groceries. and this -- the first of this year i got a 1.7 increase in social security and cost of living went up 30% this year. host: what is the biggest thing that cost of living increase affects for you? c
of representatives, the honorable john boehner. >> ladies and all men, good afternoon and welcome to the capital. this is a great day for the american people, and we are happy to welcome you here today. gold medals are the highest level of appreciation for distinguished achievement. the first congressional gold medal was awarded to general george washington in 1776 for liberating the city of boston. today, we will present a congressional gold medal to aung san suu kyi in recognition of her efforts to liberate the people of burma. today, we celebrate her steadfast commitment to democracy, stability, and human dignity, and we do so in a manner worthy of her ideals. nancy pelosi initiated the measure of awarding this metal and republican george w. bush signed into law. his wife, former first lady laura bush, is with us today, as is her predecessor, secretary of state hillary clinton. coming together in mutual respect, a step from the chambers where we passionately debate the issues of the day that has become almost second nature to us. but it is a blessing, and we will hear over and over during the
with house speaker john boehner, and they talked about a great phone cal, courteous phone call, they say, but that aides talked about how each side talked about the importance of not making all these public statements so that each side could have room to negotiate. if there's movement being made, we don't know that yet. athena jones, thank you very much. >> coming up in about ten minutes your brain on the fiscal cliff. don't worry. there is a cure. >>> speaking of a whole lot of money, the powerball jackpot is now the largest many the game's history. an estimated $425 million. even though no one won last night's jackpot, people in eight states won $1 million prizes for matching five numbers. the winning numbers were 22, 32, 37, 44, 50, and the powerball was 34. it was the 15th drawing in a row with no jackpot winner. the next drawing wednesday night. >>> clashes on the streets in egypt. anti-government protests sparking outside the capital. now a call for millions to take part. we are live in cairo. hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet.
following the election, house speaker john boehner himself came out and said, we're willing to consider revenues as long as it's not done by raising rates. and so in some ways, the republicans have kind of made clear over the last several weeks that they're willing to move away from this pledge, fredricka. >> so does that help make some lawmakers and the administration feel rather optimistic that they will indeed be able to reach a deal in the next few weeks? >> well, certainly everyone's saying that they're optimistic. you'll remember that meeting that congressional leadership had with the president the friday before thanksgiving, leaders from both parties and both chambers met with the president. coming out of that meeting they said lots of positive things, said it was constructive. everyone knows where each side stands. i know we all know there's been work that's being done behind the scenes. the real question is what's going to happen in the immediate future? and also, when is congressional leadership going to meet with the president again? those are the things we're looking out for
there is no second sit down scheduled for the president and congressional leaders he did speak to john boehner and harry reid over the weekend about avoiding the fiscal cliff. the president will meet with small business owners today. tomorrow he meets with middle class americans who would be affected by tax hikes and more business leaders. friday he's going to travel to hatfield pennsylvania where he will give campaign style remarks to get support for congress to negotiate the right kind of deal. we are back with more steph after this. ♪ [ ♪ theme ♪ ] >> announcer: ladies and gentlemen, it's the "stephanie miller show." ♪ >> yahoo, it is the "stephanie miller show," welcome to it. 1-800-steph-1-2 toll free from everywhere. steven weber. he will be there nobody panic he will be right there. charlie pierce said some good stuff about the fiscal cliff and other things. this is going to be a fascinating discussion. the president playing three dimensional chess. told you so. >> never mind. >> never mind. >> corn? when did we book corn? [ laughter ] >> oh, you kids. i swear. all right, you kn
. but naked protesters show up to the house speaker john boehner's office. we'll tell you what was behind that that bare it all kind of protest when the seven of them join us straight ahead. plus you want to know what your must-get gifts are this year? you can upload a picture of yourself or your loved one. even a letter to santa. tell us about the gifts you're hoping for. you can submit your storygraph at cnn.com/starting point and share those here throughout the holidays on cnn. back in a moment. my bankamericad cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas. automatically. no hoops to jump through. that's 1% back on... [ toy robot sounds ] 2% on pumpkin pie. and apple. 3% back on 4 trips to the airport. it's as easy as... -[ man ] 1... -[ woman ] 2... [ woman ] 3. [ male announcer ] the bankamericard cash rewards card. apply online or at a bank of america near you. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollarsard. to help those affected and to cover cleanup costs. today, the beach
people like john boehner say that mr. president, he won the election, it's time for you to lead well. >> we have to face reality that the american people gave the president a do over. the house and the senate, the same position we were in two months ago. the american people may have given the government a do over, but they don't expect a status quo. they want decisions to be made in a bipartisan manner. republicans are willing to meet the president halfway. but he is the leader of the country and it's up to him to propose a plan. it is up to him to provide negotiations and coalesce the deal. a deal can be made and all parties have to come together. we have to give up some revenue. they have to give up some spending. at the end of the day, it is probably a very good deal. jon: are you hearing any whispers as to what kind of shape this deal could take? >> i think it's pretty clear that they're going to do something that will get us past the fiscal cliff. they will open themselves that they are kicking the can down the road. what they want to do is have longer-term negotiations about th
? >> reporter: yes. >> thousands over the years. >> reporter: he keeps them all on file. here's john boehner's pledge, signed 20 years ago. if somebody signed this 10 years ago, 18 years ago, 20 years ago, are they still bound by it? >> when you got married, did you wife think there was an expiration date on that pledge? >> reporter: he says anybody is doomed. but with the fiscal cliff just months away, and a re-elected barack obama insisting that tax increases must be part of any budget deal, key republicans are now talking about ditching the pledge. >> i'm not obligated on the pledge. >> i will violate the pledge, long story short, for the good of the country, only if democrats will do entitlement reform. >> reporter: even republicans who say they are willing to violate the pledge say they will only do so by closing loopholes, not by doing what the president wants to do, which is raising tax rates. >> so, the sides, still far apart. meanwhile, we heard about susan rice, the ambassador going up to capitol hill today, to meet with many of her critics. and it does appear that some of the crit
the leaders of the senate, harry reid and mitch mcconnell. i want to congratulate speaker john boehner, who has done a phenomenal job of ensuring that we would continue business as usual. i want to congratulate minority leader posey forever that she has put in, getting us to the point we are today. i urge my colleagues to support this measure. with that, i yield back the balance of my time. >> the chair now recognizes members from the committee on ways and means, chairman mr. camp from michigan and ranking minority member mr. levin from michigan. the gentleman from michigan. >> i yield myself such time as i may consume. >> it is recognized. >> if the congress does not act and act now, america will default. that would wreak havoc on our economy and make it harder for americans to find and keep a job. edfault cannot be an option. i am pleased that the bill before us ensures that will not occur. just as it would threaten economic health, so would increase in taxes. raising taxes on families and job creators would hinder investment, increase the cost of doing business, and result in even less h
but that will happen. the market will be going up and down on small indicators. is john boehner smiling or frowning today? we'll have a lot of volatility for the next two or three months because i do think it's going to be two or three months. i think this is going to go into january. i think close to a 50% chance we'll go over the fiscal cliff temporarily. the market won't react well to that so it's going to be very, very bumpy couple of months here. >> that said, seasonally, i was told not too long ago, the period between thanksgiving week and december 3rd, the past 20 years has been positive for stocks for 17 of those 20 years. is there going to be any kind of hope for a santa claus rally here, michael? >> i think there is. that's simply because pessimism has reached a level of extreme that historically has led to higher markets over the next three months 81% of the time. the average market gain when pessimism has gotten to this low a level has been about 7%. i think when you look at the basic, you know -- we have three rules to guide our tactical trading. don't fid the fed. obviously on our sid
sent a letter of resignation to house speaker john boehner while his chief of staff delivered copies in illinois. >> can you tell us how he's doing? >> he's doing good. >> jackson wrote, my health issues and treatment regimen have become incompatible in the house of representatives. but his deteriorated health is not the only factor. in his letter he does admit to mistakes. jackson has been in talks with federal prosecutors who are looking into whether he misused campaign funds to buy personal things, including an expensive watch. i am doing my best to address the situation responsibly, cooperate with the investigators, and accept responsibility for my mistakes, for they are my mistakes and mine alobe. alone. wednesday, jackson's father called the resignation painful. >> it's a moment for our family and we'll face the day tomorrow with prayer and we find support in so many people. >> jackson's lawyers say he is cooperating, but it could take months to resolve his legal issues. illinois officials are looking at options for when to hold a special election to fill the vacant seat. and i
no. but john boehner is making this point. who after the election basically said, look, guys, it's the law of the land, and that occasioned some histrionics. he now has an op-ed saying the president's health care law adds a massive expense. we can't afford it and can't afford to leave it intact. the law has to stay on the table as both parties discuss ways to solve our nation's massive debt challenge. boehner makes exactly the point you just made is that the republicans want to keep this in play and it's a real question about whether it's going to be in play. >> the nutty part of this is that obviously health care entitlements on the whole need to be on the table, not in the fiscal cliff discussion, but in the ultimate fiscal adjustment we'll have within the next few years where we shrink the federal deficit. but medicaid is the most cost effective part of our entire structure. if you're going to be cutting, cut in medicare, the exchange subsidies, medicaid is the last place to go to look for those dollars. >> the administration official after this op-ed from boehner told the huf
% of americans. >> house republican speaker john boehner says the gop is looking for a deal that cuts spending and closes tax loopholes and some deductions rather than raising tax rates. back to you guys in new york. >> steve: all right. north lawn of the white house, thank you. >> gretchen: see how we all got the blue memo? we all look so nice together. she had on a blue scarf. >> brian: the question is, what is laura ingraham wearing. >> steve: i know one way to find out. >> gretchen: oh, yellow. hail to sweden. >> steve: how are you? >> hey, guys. nice to see you. >> steve: what did you make of this, the white house is saying unless the republicans roll over and do everything that the white house wants with this fiscal cliff at the conclusion of the year, you mean old republicans will ruin christmas economically for the country? >> yeah. it's the gop who stole christmas. who is going to be narrating this? who will play the dog with the fake antlers? it seems we've seen this special before. the sky is always falling when president obama wants to cram down legislation or initiatives without r
. plus protesters showed up naked, look at that. that's house speaker john boehner's office. they were demanding on a serious front demanding funding to fight aids. >> oh, my goodness. >> seven of them will be joining us, fully clothed i'm hoping, to talk about what sparked their protest, what they're hoping to gain, plus she sold 100 million records in a decade. a career that spanned five decades, dionne warwick is our guest. going to talk about her new album, my father is in love with dionne warwick so he'll be all excited about that. much more coming up this morning on "starting point." >> did you invite your father in? >> he can watch it on tv. of course. >> we'll be getting up -- >> oh, my gosh, soledad. thanks. >> you bet. >> black ice and snow causing some trouble after yesterday's storm in the northeast. now, new storm's rolling into the northwest this morning. alexandra steele with the extreme weather center where -- putting the extreme in extreme weather. >> it looked pretty yesterday for a minute. >> oh, i bet. six inches in portions of new jersey. so we've got two things ha
when the president says he wants to see higher tax rates. john boehner says clearly not. >> it is a lot easier to say at this level of generality. it becomes harder to enacted. the number of times of with the head of the cbo, senator so and so would call me up and say i want to talk about tax reform and i would walk in and the head is one talking point which is brought in the base and lower the rate. what are you willing to scale back? mortgage interest, cannot touch that. charitable, cannot touch that. you go down the list. one of the reasons of these new ideas being attractive is a are obscuring what has to be cut back. >> there is still a hard choice there. >> we are not saying we are going to cut out your ability to deduct your mortgage but i will get to keep my ability to deduct my local tax. everything goes into a pot. everybody gets to keep their deductions but you cannot be too greedy about it. it does have to limit the amount they can benefit from it. >> that is the selling point. >> the notion here, can you do this and have the only effect of the wealthiest americans -- affect
? and so if right now the question is how do you do that? well, john boehner went to the white house ten days ago and said, hey, republicans in the house are willing to 0 put revenues on the table. that was a big move, right? and we said we are going to do that in the name of trying to fix the problem to respond to the electorate that re-elected this president, but at the same time we say we weren't elected to raise taxes. we want to help people get back it to work. >> so is it safe to say there might be a scenario in which that pledge would not apply or would be put to the side for compromise? >> you know, mika, i haven't talked to grover norquist so i don't know what he wants to do with his pledge. what i know is the constituents that i represent and i believe most american people want to see, number one, more jobs created. and let me tell you a story that i think is relevant to this question. i was in montana during the campaign and i met a gentleman who had taken a job as a cook at an airport restaurant. and he told me, please fix this problem because i want to get back to my profess
on the decisions he made for the congress? like with john boehner, having members over for lunch, members from camp david, these might be the steps that could be helpful in his relationships on capitol hill and affecting the president's agenda. >> the president is very interested in engaging with lawmakers from both parties in order to achieve their shared goals, which has to do with growing the economy, increasing job creation, making america a safer and stronger. he will continue to do that in the same ways he did that in his first term and i am, -- confident that he will continue to do that. that the reality of modern day washington is different from how it was in 18 01, to use a timely example. so, the notion that you can solve all of those problems over a cocktail is a bit overrated. but he is certainly interested in in gauging not only with lawmakers, but civic leaders, lawmakers, but civic leaders, business leaders,
, john a. boehner, speaker of the house of representatives. the speaker pro tempore: the prayer will be offered by our chaplain, father conroy. chaplain conroy: let us pray. gracious god, we give you thanks for giving us another day. you have blessed us with all good gifts and this past week with grateful hearts we gathered with family and loved ones throughout this great land to celebrate our blessings together. bless the newly elected members of the 113th copping who resume their orientation on capitol hill. give them call and confidence as they prepare for a new role as servants of our nation's citizens. bless the members of the people's house who have been entrusted with the privilege to serve our nation, all americans in their need. grant them to work together in respect and affection and to be faithful in the responsibilities they have been given. at the end of the 112th congress approaches and much is left to be done, bestow upon them all the gifts of wisdom and discernment that in their words and actions they will do justice, love with mercy, and walk humbly with you. ma
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